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Technology Stocks : Citrix Systems (CTXS)
CTXS 103.900.0%Nov 2 5:00 PM EST

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To: jhg_in_kc who wrote (6904)8/17/1999 11:26:00 AM
From: Marconi  Read Replies (1) of 9068
 
Hello JHG:
I made the comment, it is hard to see fast money coming. It was a tongue in cheek comment. I have been watching patiently for an apparent bottom in CTXS and skipped buying in successfully in the 50's when it was tempting. It looked last Wednesday like CTXS could trade to the lower 40's yet, but last Thursday's run to the high 40's erased any doubts that the stock had reversed and was on the climb. Unfortunately, careful watching does not necessarily mean one can catch the tiger by the tail, and I missed the turn. I intended to unbox in the low 40's and even better in the high 30's, with a double up in the low 40's and possibly taking a triple up in the high 30's for a position. IF I had taken the positions, that would have been unexpectedly rewarding profits--a few days and enough to cover basic needs for more than a year. Fast money for a couple of phone calls.... I cannot see these events with the tools I use. And if anyone can, they would certainly be welcome to post to SI, and could garner a loyal interest in their views, at least by me. I think Mr. Perfette was echoing the sentiment about fast money is not easy to see coming.
Best regards,
m
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